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Shorty Jones Wants to Buy a One-Way Bus Ticket to Mule-Snort

question 77

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Shorty Jones wants to buy a one-way bus ticket to Mule-Snort, Pennsylvania. The ticket costs $142, but Mr. Jones has only $80. If Shorty puts the money in an account that pays 9% interest compounded monthly, how many months must Shorty wait until he has $142 (round to the nearest month) ?


Definitions:

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water.

Cellular Respiration

A metabolic process in cells where organic molecules are broken down to release energy used for vital functions.

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water.

Carbon Dioxide

A transparent gas with no odor, resulting from the burning of carbon-containing substances and the respiration process. It naturally occurs in the environment and is crucial for plant photosynthesis.

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